Financing & Insuring

Finding Home Insurance

October 19, 2019

Purchasing home insurance makes good sense, and not just because it’s often a condition for home loan approval. It’s also a good idea for peace of mind and financial security. You definitely don’t want to find yourself wishing you’d purchased the right insurance after something unexpected happens. So if you’re in the market for a new home, check out the following tips for finding a plan that covers your home’s needs.

Compare insurance quotes

Consult an insurance agency with brokers that can compare costs and policy options from a variety of insurance carriers. After selecting a plan tailored to fit your home’s needs, a good insurance broker will help walk you through your plan’s set-up and remain on hand for any policy claims or alterations that may be necessary down the road. Request a comparison from our affiliate, American Home Insurance Agency, Inc.

Purchase additional coverage, if necessary

Once you find a comprehensive and cost-effective policy, make sure to check whether additional coverage is advisable for potential regional hazards like hail or earthquakes—scenarios that aren’t necessarily covered by standard homeowners insurance policies. If you’re in a FEMA-designated flood zone, for example, you may want to purchase additional coverage through the National Flood Insurance Program for suitable protection.

Conduct a periodic price check

Costs for different insurance carriers are subject to fluctuation, so it’s a good idea to have your broker present updated policy quotes from time to time. If you find it makes financial sense to change your coverage, your insurance broker should walk you through the steps for switching providers.

Find the right home insurance coverage for you through our affiliate, American Home Insurance Agency, Inc.!

The Richmond American Homes companies (RAH), HomeAmerican Mortgage Corporation (HMC), American Home Insurance Agency (also known as AHI Insurance Agency) (AHI) and American Home Title and Escrow Company (AHT) are owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. Each of RAH, HMC, AHI and AHT offers services independently of each other, and if you obtain a product or service from one company, you are not required to utilize the services of, or obtain products from, the other company. Your decision to use a company that is not affiliated with RAH, HMC, AHI or AHT will not affect your ability to obtain products and services from these companies

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